By {Sandeep Bishnoi} | Nov 3, 2024
Discover MIC Electronics share price predictions from 2025 to 2050. Get insights on the company’s future plans, risks, and performance with forecasted price targets. Learn about competitors and MIC’s product innovations in LED technology and electronics.
Introduction
MIC Electronics, founded in 1988 in India, has positioned itself as a significant player in the electronics sector, specializing in LED displays, lighting, and various electronic equipment. With over three decades of experience, the company has evolved alongside industry advancements and government-driven incentives for energy-efficient products.
https://www.mic.co.in/In this article, we’ll analyze MIC Electronics’ share price targets for 2025 through 2050, exploring key factors such as company growth, future plans, product lineup, and competitive landscape.
Price Target Table (2025-2050)
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2025 | ₹96 | ₹202 |
| 2030 | ₹470 | ₹585 |
| 2035 | ₹730 | ₹870 |
| 2040 | ₹710 | ₹820 |
| 2050 | ₹1525 | ₹1750 |
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MIC Electronics Share Price Target 2025
In 2025, MIC Electronics aims to expand its footprint in the LED lighting and display sectors, boosted by government initiatives toward energy-efficient solutions. With improvements in their LED technology, MIC stands poised to capitalize on increased demand for both consumer and industrial applications. The stock is predicted to range between ₹96 and ₹202, factoring in positive market sentiment and technological advancements.
Monthly Predictions for 2025:
| Month | Minimum Price (₹) | Maximum Price (₹) |
|---|
| January | ₹96 | ₹130 |
| February | ₹100 | ₹138 |
| March | ₹104 | ₹144 |
| April | ₹108 | ₹150 |
| May | ₹112 | ₹158 |
| June | ₹116 | ₹165 |
| July | ₹120 | ₹170 |
| August | ₹124 | ₹178 |
| September | ₹128 | ₹185 |
| October | ₹132 | ₹190 |
| November | ₹135 | ₹195 |
| December | ₹140 | ₹202 |
MIC Electronics Share Price Target 2030
By 2030, MIC Electronics is projected to be a well-established name in both domestic and international markets. Leveraging advanced LED displays and eco-friendly lighting solutions, MIC’s range of products will likely see demand from smart city initiatives and green infrastructure projects. The share price is expected to range from ₹470 to ₹585.
Yearly Summary: The company’s diversification across electronics, robust R&D investments, and global partnerships in emerging markets can further elevate share values.
MIC Electronics Share Price Target 2035
MIC Electronics’ growth trajectory suggests potential expansions into more sophisticated electronics sectors by 2035, with a share price expected to range between ₹730 and ₹870.
Yearly Summary: The rise in stock price during this period will likely stem from the company’s increased export activity, enhanced product lines, and larger customer base across industrial, government, and consumer markets.
MIC Electronics Share Price Target 2040
The 2040 target for MIC Electronics falls between ₹710 and ₹820. By this time, the electronics sector will have witnessed significant transformations, and MIC Electronics may need to adapt to new technologies.
Yearly Summary: The company’s success will depend on its ability to stay technologically current and maintain solid contracts with governmental bodies and private corporations.
MIC Electronics Share Price Target 2050
MIC Electronics has a high potential for growth by 2050, with predictions ranging from ₹1525 to ₹1750. Long-term investors may find this period particularly favorable as the company aims to expand its presence in AI-powered electronic devices and eco-friendly solutions.
Profit and Loss Overview
Here’s a summary of MIC Electronics’ Profit & Loss highlights and key financial metrics:
Key Financial Highlights
- Revenue Growth: Revenue from operations experienced significant growth, rising from ₹0.82 Cr in Mar 2020 to ₹50.03 Cr in Mar 2024, demonstrating a steady increase in business scale.
- Other Income Stability: Other income remained relatively stable, providing an additional ₹1.99 Cr in 2024.
- Profit Turnaround: A major shift to profitability with a profit after tax of ₹61.84 Cr in Mar 2024, compared to consistent losses in previous years.
- EPS Improvement: Basic EPS increased to ₹2.79 in Mar 2024, indicating improved earnings per share for investors.
Important Expense and Profit Points
- Material Costs: Major expenses include materials consumed, with costs rising to ₹27.17 Cr in Mar 2024, reflecting the company’s increased production activity.
- Employee Benefits: Employee expenses also grew, reaching ₹5.46 Cr in 2024, a reflection of higher workforce and wage expenses.
- Exceptional Gain: An exceptional gain of ₹6.62 Cr in Mar 2024 contributed to the improved profit margin.
- Depreciation: Depreciation and amortization expenses decreased from ₹7.53 Cr in Mar 2020 to ₹1.54 Cr in Mar 2024, which helped reduce total expenses.
Profit And loss data source: Moneycontrol.com
Competitors of MIC Electronics
- Havells India Ltd – Renowned for electrical and power distribution equipment.
- Polycab India Ltd – A leader in cables and wires with an expanding lighting segment.
- Apar Industries Ltd – Known for specialty cables and electrical components.
- Bajaj Electricals – A strong presence in home appliances and lighting products.
- V-Guard Industries – A diversified player in electrical and electronics with growth in solar solutions.
MIC Electronics Chart
Source: Google.comFundamental
Source: Groww.inGrowth and profitability
Source: TradingViewFinancial health
Source: TradingViewProducts and Services
MIC Electronics offers a comprehensive range of products:
- LED Displays for advertising, sports arenas, and transportation.
- LED Lighting solutions for indoor, outdoor, and solar applications.
- Electronic Components including power supplies and battery solutions.
Future Plans
MIC Electronics is focused on:
- Product Innovation – Developing energy-efficient and AI-powered LED solutions.
- Expansion – Targeting both Indian and international markets.
- Sustainability – Enhancing eco-friendly products to align with green energy standards.
Pros and Cons
Pros:
- Strong industry presence and reputation.
- Government support for green technologies.
- Consistent R&D investment.
Cons:
- High competition in LED and electronics markets.
- Risk of technological obsolescence.
- Reliance on large contracts.
Risk Factors
- Market Competition: High competition in the LED industry could impact pricing and margins.
- Technological Changes: Rapid technological advancements might require MIC to frequently update its product offerings.
- Economic Dependence on Contracts: Delayed or lost contracts may affect revenue stability.
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FAQs
What is the share price target of MIC Electronics for 2025?
The target price for 2025 is expected to range from ₹96 to ₹202.
What industries does MIC Electronics serve?
MIC Electronics serves LED displays, lighting, and electronic component industries.
Who are the main competitors of MIC Electronics?
Competitors include Havells India, Polycab India, and Bajaj Electricals.
What are MIC Electronics’ plans for sustainability?
MIC aims to enhance eco-friendly products and align with global green standards.
How does MIC Electronics generate revenue?
MIC’s revenue stems from LED displays, lighting products, and other electronic components.
Does MIC Electronics export its products?
Yes, MIC exports to various international markets, expanding its global footprint.
What is the long-term share price target for 2050?
The 2050 share price is estimated to be between ₹1525 and ₹1750.
Conclusion
MIC Electronics’ consistent innovation, diversification, and focus on sustainability position it as a strong player in the electronics market. While the company faces challenges in terms of competition and technology, its plans for expansion and alignment with green initiatives provide a favorable outlook for long-term investors.
Disclaimer: The predictions in this article are based on analysis from current trends, financial reports, and expert opinions. However, these are speculative figures, and the actual performance may vary. Investors are advised to conduct their own research before making any investment decisions.
Alert: This is just an estimate that the share target of MIC Electronics can be this much. If you want to invest then talk to an advisor and then invest. Homedecore24.com will not take any responsibility if your money is lost. Please invest money at your own risk.
